Collagen Market: Industry Trends, Analysis, and Forecast

by Mit K. SEO

Collagen is the most abundant protein in the human body and plays a crucial role in skin, bone, and joint health. The global collagen market size was valued at USD 4.7 billion in 2022 and is expected to reach USD 7.2 billion by 2030, growing at a CAGR of 5.3% from 2022 to 2030. The growing demand for functional and nutritionally enriched food products, increasing prevalence of bone and joint disorders, and the rising popularity of dietary supplements are driving the growth of the collagen market.

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=220005202

Market Segmentation

The global collagen market is segmented into source, product, and application.

Source:

•             Bovine

•             Porcine

•             Chicken

•             Marine

•             Others

Product:

•             Gelatin

•             Hydrolyzed Collagen

•             Native Collagen

•             Others

Application:

•             Food and Beverages

•             Healthcare

•             Cosmetics

•             Others

Market Dynamics

Drivers:

1.            Growing Demand for Functional and Nutritionally Enriched Food Products

2.            Increasing Prevalence of Bone and Joint Disorders

3.            Rising Popularity of Dietary Supplements

Challenges:

1.            High Cost of Collagen

2.            Side Effects Associated with Collagen Supplements

Opportunities:

1.            Increasing Demand for Organic and Plant-based Collagen

2.            Expansion of the Cosmetic Industry

Regional Analysis

The global collagen market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

North America is the largest market for collagen, followed by Europe and Asia-Pacific. The growing demand for dietary supplements, functional food, and personal care products is driving the growth of the collagen market in North America. The increasing prevalence of osteoporosis and arthritis is also a key factor driving the growth of the market in this region.

In Europe, the growing demand for functional food and beverages, the increasing use of collagen in the cosmetic industry, and the rising awareness of the health benefits of collagen are driving the growth of the market.

Asia-Pacific is expected to grow at the highest CAGR during the forecast period. The increasing consumer awareness of health and wellness, the growing popularity of collagen-based supplements, and the rising demand for beauty products are driving the growth of the collagen market in this region.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=220005202

Competitive Landscape

The global collagen market is highly fragmented, with the presence of numerous small and large players. Some of the key players in the market include:

•             Rousselot

•             GELITA AG

•             Nitta Gelatin Inc.

•             Weishardt International

•             Tessenderlo Group

•             Darling Ingredients Inc.

•             LAPI GELATINE S.p.a.

•             Danish Crown A/S

•             Collagen Matrix Inc.

•             Advanced BioMatrix Inc.

Sponsor Ads

• Ad Space Available - Rent it Now!

Created on Feb 23rd 2023 07:10. Viewed 76 times.

Comments